Establishes "New Jersey Private Contractor Registration Act" requiring private contractors to register and pay fees.
The "New Jersey Private Contractor Registration Act" mandates that private contractors and subcontractors must register with the state to engage in private construction work. Contractors must submit registration forms, fees, and documentation to the Commissioner of Labor and Workforce Development. The act defines "private construction work" and exempts public works contractors. It outlines penalties for noncompliance, including fines and suspension of registration. The act also requires contractors to provide surety bonds and worker's compensation insurance coverage.
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